February 4, 2016

Received a call from a sales executive at Phisense Capital. This company has opened an office in bangalore recently.

Some points to note-

1)They got my email and phone number from moneycontrol. This is the first time an outside company has contacted me using my moneycontrol account in 9 years. I'm not sure who gave moneycontrol permission to give my details to outside marketers. (The marketing person might have been lying too.)

2)Phisense seems to be offering mainly to day and short term traders. For a mid-long term investor, they might not make much sense. Explore their website to understand their offerings.

3)The founder of Phisense might have appeared on moneycontrol and other tv shows, however, there seems to be no data prior to september, 2015 about this company. It might have been recently established.

4) This is the linkedin profile of the founder of the company- https://in.linkedin.com/in/sarvendrasrivastava

This company has salesmen who have little clue about selling financial products that meet your need. You will get better advice with Motilal Oswal, India Infoline(IIFL), Edelweiss or one other major brokers.

Phisense is a company embedded with natural DNA. We are boutique research house and intend to carve a niche for ourselves, by delivering a set of customized and tailor made products.

A Naturally prevalent number series and ancient geometry is the engine that derives our quantitative models. Our name is derived from Phi the
Golden ratio (1.681) and also phi (0.618) ; These are the ratios found within the natures code or the Fibonacci number series.

The research initiative is headed by SARVENDRA SRIVASTAVA who is a certified CMT by the MTA, USA. He gets on table more than of 14 years of senior level experience and has the distinction of Heading the Technical research department for two leading brokerage houses.
He has been a regular contributor to the print and television media. Has been featured on all leading business channels like: NDTV Profit, CNBC,
Bloomberg UTV, ET Now , CNBC AWAAJ and others.

Phisense Capital do research in all part of the market and provides service for Equity, Future & Option, Commodity, Currency and Investment. Also we do research on Global Market and currency.
Our research is very helpful for those client who are looking for long term view of market that doesn't change frequently for the short term changes in the market .We are the expertise of Technical Research that is Headed by Mr. Sarvendra Srivastava.
Phisense Will tell you the right time to Enter into the market with your full capacity and when to Exit also.

Phi (1.618), the Golden Mean and the numbers of the Fibonacci series (0, 1, 1, 2, 3, 5, 8, …) have been used with great success to analyze and predict market moves, known as retracements. Forbes ASAP featured a story on the work of scientist Stephen Wolfram in cellular automata (underlying rules that determine seemingly random phenomenon) stating “This seashell may hold the secret of financial market behavior, computers that think and the future of science.”

Phi, or Golden Ratio, patterns often define the timing of highs and lows and price resistance points

The golden ratio, or phi, appears frequently enough in the timing of highs and lows and price resistance points that adding this tool to technical analysis of the markets may help to identify Fibonacci retracements, the key turning points in price movements.

Fibonacci numbers were used by W.D Gann and R.N. Elliott, pioneers in technical analysis of the financial market. In Elliott Wave Theory, all major market moves are described by a five-wave series, adding to the potential to identify the turns described above. The classic Elliott Wave series consists of an initial wave up, a second wave down (often retracing 61.8% of the initial move up), then the third wave (usually the largest) up again, then another retracement, and finally the fifth wave, which would exhaust the movement. In addition, each of the major waves (1, 3, and 5) could themselves be separated into subwaves.